Two years ago, Europe’s banking supervisor warned that oversight of technology risk needed to step up a gear. Now, as the Digital Operational Resilience Act (DORA) takes root, the regulator finds that supervisory teams in member states are better placed to deal with these issues.
After nearly two years of endorsement deliberations, the European Union has formally adopted IFRS 18 Presentation and Disclosure in Financial Statements, publishing the Commission Regulation in the Official Journal on 16 February 2026.
Hans Buysse, Chair of the European Federation of Financial Analysts Societies (EFFAS) makes a timely (and perhaps for some, uncomfortable) case for European sustainability reporting. After months of political and technical pressure, the simplified European Sustainability Reporting Standards were shaped to strike a balance between ambition and practicality, at a point where both have been in […]
The European Financial Reporting Advisory Group (EFRAG) has opened two calls for expression of interest to support wider uptake of the Voluntary Sustainability Reporting Standard for SMEs (VSME) across the EU.
Finland is preparing for a significant shift in how company financial information is filed, stored and used. From 2027, most Finnish companies will be required to submit their financial statements in structured digital format, replacing today’s largely PDF-based reporting with Inline XBRL.
The European Parliament Legal Affairs Committee and the Council have now struck a provisional Omnibus I deal that again rewrites the scope of EU sustainability reporting and due diligence rules.
Yesterday Brussels fired the starting gun on a new phase of capital-markets integration across Europe. The Commission’s “market integration and supervision” package is explicitly aimed at enlarging Europe’s capital markets that are presently too small and fragmented to finance significant economic transitions at scale or to compete with the depth and liquidity of larger markets.
On 7 November, the European Commission launched a fresh call for evidence on amendments to the Climate and Environmental Delegated Acts under the EU Taxonomy Regulation. The consultation, which closes today, seeks stakeholder views on how to improve the technical screening criteria that determine which economic activities qualify as environmentally sustainable.
On Tuesday, ESMA held its first Data Day with Chair Verena Ross setting out an ambitious vision for reporting simplification. Ross was direct about the problem: the current model, where each regulatory need generates a new data request, has created a fragmented, siloed reporting landscape.
The European Parliament has voted to significantly narrow the scope of the Corporate Sustainability Reporting Directive (CSRD) and Corporate Sustainability Due Diligence Directive (CSDDD).
Join our Newsletter mailing list to
stay plugged in to the latest
information about XBRL around the world.
By clicking submit you agree to the XBRL International privacy policy which can be found at xbrl.org/privacy
XBRL International is a global not for profit operating in the public interest. Our purpose is to improve the accountability and transparency of business performance globally, by providing the open data exchange standard for business reporting.
